§ 3011. Deposit required of foreign Lloyd's in home state as condition to permit
Oklahoma Statutes AnnotatedTitle 36. Insurance
36 Okl.St.Ann. § 3011
§ 3011. Deposit required of foreign Lloyd's in home state as condition to permit
In case underwriters at a Lloyd's who are nonresidents of Oklahoma, or who maintain their principal office outside of Oklahoma, apply to the Insurance Commissioner for a permit to do business in Oklahoma, such permit shall not be granted unless such underwriters have on deposit with the Insurance Commissioner of their home states net assets in the amount of at least Two Hundred Thousand Dollars ($200,000.00).
Credits
Laws 1957, p. 362, § 3011, operative July 1, 1957.
36 Okl. St. Ann. § 3011, OK ST T. 36 § 3011
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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